Efore - Company Announcement

EFORE PLC EXERCICES ITS OPTION TO SELL REAL ESTATE IN ITALY

Espoo, Finland, 2014-10-27 13:45 CET (GLOBE NEWSWIRE) -- EFORE PLC         
Stock Exchange Release    October 27, 2014 at 2:45 p.m. 

ROAL Electronics, fully owned by Efore Plc, has today sold its real estate in
Italy according to the option agreement, which was made at the same time with
the acquisition last year. Selling price of the facility is EUR 1,5 million and
ROAL will lease it at least for three years with an annual rent of EUR 0,15
million. 

EFORE PLC

Vesa Vähämöttönen
President and CEO


For further information please contact Mr.Vesa Vähämöttönen, President and CEO,
tel. +358 9 4784 6312. 

DISTRIBUTION

Nasdaq OMX Helsinki Oy
Principal media

Efore Group

Efore Group is an international company which develops and produces demanding
power products. Efore's head office is based in Finland and its production
units are located in China and Tunis. Sales and marketing operations are
located in Europe, United States and China. In the fiscal year ending in
December 2013, consolidated net sales totalled EUR 82.5 million and the Group's
personnel averaged 836. The company's share is quoted on the Nasdaq OMX
Helsinki Ltd. www.efore.com